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Fly News Breaks for November 25, 2019
IMBI
Nov 25, 2019 | 08:59 EDT
Lake Street analyst Mark Argento initiated coverage of iMedia Brands with a Buy rating and $1.50 price target. He believes "significant strategic value" exists from iMedia's direct to consumer platform. Further, he notes that his price target does not include optionality from a potential acquisition or partnership.
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